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Then, apparently not realizing the stock market collapse was an advance warning of a coming recession, the Fed continued raising interest rates until May, 2000, and did not begin cutting interest rates to prevent a recession until January, 2001.
FORBES: Roll Out The Bubbles, We'll Have A Barrel Of Fun (For A While)
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These schemes offer consolation, but any effort to deflect an asteroid requires plenty of advance warning, and that may not always be available.
ECONOMIST: The ultimate environmental catastrophe
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According to Kate Cummings, an Ushahidi consultant in Monrovia, Liberia, Humanity United is funding an effort to set up an early warning system in advance of the late-2011 Liberian elections, that would spread the word about potential political violence before it erupts.
FORBES: Names You Need To Know In 2011: Crisis Mapping